The most successful people are the ones who take big risks, which often means spectacular flameouts. We asked entrepreneurs who are at the top of their game how they coped when major failure smacked them in the face.

Fully a third of venture-backed companies that went public between 2006 and 2012 had at least one immigrant founder at the helm. Arianna Huffington and other prominent entrepreneurs on why the U.S. needs to get creative about immigration policy.